When considering your estate planning, you may want to know how some of your assets will be handled when it comes to probate. Probate is the process through which a will is legitimized. According to Oklahoma law, the probate procedure can include valuing estates, selling property, paying debts and distributing assets.
Whether your hobby is stamps, art or any other valuable item, it is important to remember to make your collection a part of your estate planning. At Ball & Morse, PLLC, we take pride in helping people determine what to do with their collections. One option is to put the items into a trust, which offers a number of benefits.
For teenagers on the brink of their adult lives, estate planning may seem like a task only older people in Oklahoma do. However, putting the right documents in place is an essential part of making sure that 18-year-olds and their parents are protected should a tragedy occur.
When you are putting together your estate plan in Oklahoma, you have to take into consideration a number of items. Your property, accounts and belongings will probably dominate a lot of the conversations you have with family members.